Business Intelligence For Manufacturing Industry-Convert Data Into Business Insights

Globally, manufacturing systems collect operational data in a high volume due to a long chain of manufacturing operations ranging from shop floor and sales to delivery to customers. Without the right data analytics tool, analyzing and extracting valuable information from tons of data is a difficult challenge for the employees themselves. To fill in this gap, leading manufacturing enterprises are leveraging Business Intelligence (BI) Tools to convert the abundant data into business insights and make data-driven decisions. Without digging valuable information from complicated reports and spreadsheets, the BI application can predict the future, like monthly delivery requirements, holistic operational data view, expected consumer trends, etc.

Today, the majority of manufacturing firms are interested in investing the BI systems as it allows business professionals at all levels of an organization to access, interact with, and analyze data to manage the business, discover opportunities, improve performance, and operate efficiently.

7 Key Manufacturing Challenges that BI Can Solve

Manufacturing businesses can benefit from Business Intelligence by addressing the following challenges:

1. Order Prioritization
2. Wrong Assumption of Capacity
3. Low Production Output
4. Inventory Management
5. Difficulty To Predict Sales, Production, And Distribution
6. Integrating Different Data Sources
7. Create Daily Reports And Process Analysis

Wrap Up

Nowadays, Business Intelligence has been widely used in the manufacturing industry across countries including Ghana, Nigeria, Uganda, Kenya, which are manufacturing hubs, to solve organizational challenges by converting crucial data into business insights and making data-driven decisions to maintain the company’s competitiveness. BI Solutions Companies like Eastern Software Systems help you establish a BI framework, focusing on the visual representation of data that shows the performance of your business. Besides, providing the mobile app for remote accessibility, our BI consultants help you integrating existing/legacy manufacturing systems with BI tools successfully and derive your business with profitability.